Same‑Day Match Rates: a Critical Measure of T+1 Readiness

The same-day match rate measures the percentage of trades matched on T (trade date). As Europe moves to T+1, same-day match rates have become a key indicator of market readiness.

T+1 Readiness Metrics

Same-Day Match Rates by Region

This data from our trade matching platform, CTM®, provides transparency to the market and supports firms as they assess their operational performance and prioritize investment ahead of the T+1 deadlines.

How do your same-day match rates compare?

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"While faster settlement promises greater efficiency, the industry’s ability to optimise post-trade processes and implement automation will be the deciding factors in a seamless transition. A crucial indicator of post- trade efficiency that market participants should aim for is to agree, or ‘match’, the details of their transactions on the day of trade execution.

By completing trade matching activities on trade date, matched and agreed transactions can seamlessly and efficiently enter the settlement process, helping to meet T+1 timeframes. These statistics reinforce that same-day matching is already occurring at a high rate by those leveraging existing automated solutions."

Val Wotton, Global Head of Equities Solutions, DTCC

BY SECURITY TYPE

DTCC data shows there is already a high level of Equities and Fixed Income matching efficiency in CTM® across the top 10 European markets

PSET POPULATION

With multiple CSDs, the place of settlement (PSET) is especially critical in Europe, and DTCC population data shows a strong upward trend ahead of PSET becoming a mandatory population field in CTM® from 3 October 2026

Bringing Transparency to the Market Ahead of Europe’s T+1 Transition

Our continued commitment to publishing performance metrics reflects our role at the heart of the post‑trade ecosystem — bringing transparency to the market, enabling greater automation, and supporting a smooth, coordinated transition to T+1 in Europe.